The Internal Revenue Service (IRS) has released the updated tax withholding tables to reflect the recently passed Tax Cuts and Jobs Act.
It is recommended employers update their withholding tables as soon as possible, and no later than Feb. 15, 2018. Existing W-4s are compatible with these tables, and there is nothing employees need to do at this time.
The withholding amounts per single payroll period for 2018 are:
Daily or Miscellaneous (each day of the payroll period): $16.00